China Natural Gas to Present at New York Conference

   Date:2006/12/31

China Natural Gas, Inc., the first China-based natural gas public company traded in the U.S. capital market, today announced that it will present at the Roth Capital Partners 2006 New York Conference.

In early August, China Natural Gas announced record second quarter revenues of $3.7 million, up 245% year-over-year and net income of $927,269 (fully diluted EPS of $0.04), up 139% year-over-year. The Company also recently signed a 5 year natural gas supply contract with Zhengzhou Zhongyou Oil & Gas Co.,Ltd., a subsidiary of Sinochem, to expand their operations into Henan, China's Most Populous Province.

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